BROCOR: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BROCOR
Largest movements
- Receivables within one year +€51,167
up €51,167 (+174.2%), from €29,369 to €80,535
of which Trade receivables: +€72,265
- Tangible fixed assets +€14,230
up €14,230 (+94.3%), from €15,087 to €29,317
of which Plant, machinery and equipment: +€18,195
- Cash +€6,096
up €6,096 (+55.6%), from €10,961 to €17,057
mainly Debts after one year (+€93,982) and Trade debts (+€82,056)
- Intangible fixed assets -€5,489
down €5,489 (-24.0%), from €22,877 to €17,387
- Other debts -€116,335
no longer reported in 2025 (was €116,335)
- Debts after one year +€93,982
up €93,982 (+2396.4%), from €3,922 to €97,903
- Trade debts +€82,056
up €82,056 (+823.8%), from €9,960 to €92,016
- Tax, wage and social debts +€6,097
new in 2025: €6,097
- Gross operating margin +€73,447
up €73,447, from -€56,633 to €16,814
- Depreciation +€3,544
up €3,544 (+39.7%), from €8,916 to €12,460
- Other operating charges +€996
up €996 (+52.8%), from €1,885 to €2,881
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,488 | €151,627 | +€66,139 | +77.4% |
| Fixed assets | 21/28 | €43,063 | €51,804 | +€8,741 | +20.3% |
| Intangible fixed assets | 21 | €22,877 | €17,387 | -€5,489 | -24.0% |
| Tangible fixed assets | 22/27 | €15,087 | €29,317 | +€14,230 | +94.3% |
| Plant, machinery and equipment | 23 | €5,736 | €23,932 | +€18,195 | +317.2% |
| Furniture and vehicles | 24 | €1,780 | €1,339 | -€441 | -24.8% |
| Leasing and similar rights | 25 | €7,570 | €4,046 | -€3,524 | -46.6% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €42,425 | €99,823 | +€57,398 | +135.3% |
| Amounts receivable within one year | 40/41 | €29,369 | €80,535 | +€51,167 | +174.2% |
| Trade receivables | 40 | €8,270 | €80,535 | +€72,265 | +873.8% |
| Other amounts receivable | 41 | €21,098 | - | -€21,098 | |
| Cash at bank and in hand | 54/58 | €10,961 | €17,057 | +€6,096 | +55.6% |
| Deferred charges and accrued income | 490/1 | €2,095 | €2,231 | +€136 | +6.5% |
| Total equity and liabilities | 10/49 | €85,488 | €151,627 | +€66,139 | +77.4% |
| Equity | 10/15 | -€48,061 | -€47,704 | +€357 | +0.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,061 | -€67,704 | +€357 | +0.5% |
| Amounts payable | 17/49 | €133,549 | €199,331 | +€65,782 | +49.3% |
| Amounts payable after more than one year | 17 | €3,922 | €97,903 | +€93,982 | +2396.4% |
| Financial debts | 170/4 | €3,922 | €97,903 | +€93,982 | +2396.4% |
| Amounts payable within one year | 42/48 | €129,106 | €101,428 | -€27,678 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €2,810 | €3,314 | +€504 | +17.9% |
| Trade debts | 44 | €9,960 | €92,016 | +€82,056 | +823.8% |
| Suppliers | 440/4 | €9,960 | €92,016 | +€82,056 | +823.8% |
| Taxes, remuneration and social security | 45 | - | €6,097 | +€6,097 | |
| Taxes | 450/3 | - | €6,097 | +€6,097 | |
| Other amounts payable | 47/48 | €116,335 | - | -€116,335 | |
| Accrued charges and deferred income | 492/3 | €521 | - | -€521 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,916 | €12,460 | +€3,544 | +39.7% |
| Other operating charges | 640/8 | €1,885 | €2,881 | +€996 | +52.8% |
| Gross operating margin | 9900 | -€56,633 | €16,814 | +€73,447 | |
| Operating profit (loss) | 9901 | -€67,434 | €1,473 | +€68,907 | |
| Financial income | 75/76B | €511 | €0 | -€511 | -100.0% |
| Recurring financial income | 75 | €511 | €0 | -€511 | -100.0% |
| Financial charges | 65/66B | €1,137 | €1,117 | -€21 | -1.8% |
| Recurring financial charges | 65 | €1,137 | €1,117 | -€21 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€68,061 | €357 | +€68,417 | |
| Profit (loss) for the period | 9904 | -€68,061 | €357 | +€68,417 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,061 | €357 | +€68,417 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.